Habitat for Humanity Vail Valley accepting homeowner applications until Sept. 28
September 13, 2017
VAIL — Habitat for Humanity Vail Valley is now accepting applications for its homeownership program in Eagle County. The deadline to submit applications is 5 p.m. Thursday, Sept. 28. When the application process is complete, five families will be selected to partner with Habitat to build five homes in Gypsum's Stratton Flats neighborhood during the 2018-19 construction season.
Selected families will pay for their homes with a small down payment and a no-profit, interest-free mortgage. Monthly mortgage payment amounts do not exceed 30 percent of the homeowners' monthly income. Habitat for Humanity is able to keep the cost of homes down, compared to traditional home-building methods, through discounted and donated materials, volunteer labor and fundraising efforts. Applicants must earn 35 percent to 80 percent of the Area Median Income, which is $30,000 to $70,000 for a family of four in Eagle County.
"There is no typical Habitat family," said Caitlin Weis, family services coordinator. "The families who partner with us to build a place to call home come from a variety of backgrounds and are selected on a local level. We partner with hospitality professionals, teachers, office workers, housekeepers, restaurant employees and more."
The basis for a family's selection is need (current shelter is inadequate or applicant is paying too large of a percentage of income for rent), ability to pay (income, work history, credit score), willingness to partner with Habitat (each homeowner must complete 250 "sweat equity" hours) and residency status (all applicants must be U.S. citizens or permanent legal residents).
"In every Habitat home, you find the work and dedication of so many people, all working with a common goal: helping another family build strength, stability, and self-reliance through shelter," Weis said.
Applications are available online at HabitatVailValley.org or in person at the Habitat Vail Valley office at 455 Nottingham Ranch Road in Avon or the Habitat ReStore at 751 Chambers Ave. in Eagle. For more information about Habitat's homeownership program, call the Habitat office at 970-748-6718 or visit habitatvailvalley.org/own-a-home.